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Euro Nears 1.1600 Amid Mixed Geopolitical Signals

May 20, 2026 6:02 am
Key Moments EUR/USD trades around 1.1600 in Asian hours after modest prior-session losses, with downside risk seen from safe-haven US Dollar demand linked to Middle East tensions. US President Donald Trump threatened to resume strikes on Iran within days, reinforcing risk aversion after Tehran’s proposal to end the US-Israeli conflict. Hawkish European Central Bank commentary […] Read more

Amazon’s Kindle Support Cutoff Tests Customer Loyalty

May 19, 2026 2:10 pm
Key Moments Amazon has stopped supporting Kindle e-readers released in 2012 and earlier, blocking new book downloads and software updates after May 20. The company is steering users toward newer models with a 20% device discount and $20 in e-book credits, with current Kindle prices ranging from $110 to $680. Long-time Kindle owners are stockpiling […] Read more

Airbus Tightens Spending With New 10% Cost-Cut Mandate

May 19, 2026 1:23 pm
Key Moments Airbus (EPA:AIR) has instructed thousands of employees to reduce non-industrial spending by 10%, according to three industry sources cited by Reuters. The directive applies to the commercial aircraft division and corporate headquarters and is separate from the existing LEAD cost-saving program. The initiative targets the use of external contractors as supply chain disruptions […] Read more

Palladium Seen Stuck in Deficit as Supply Stays Tight

May 19, 2026 1:14 pm
Key Moments The palladium market is expected to record a supply shortfall of 376,000 ounces in 2026, marking a fifth consecutive annual deficit. Total palladium demand is forecast to ease by 1% to 9.56 million ounces, with automotive usage projected to be largely unchanged. Overall supply is projected at 9.19 million ounces, with weaker mine […] Read more

Nvidia Faces Key Earnings Test as AI Shifts to Inference

May 19, 2026 10:24 am
Key Moments Nvidia is expected to post a 79% year-on-year revenue increase for the April quarter, alongside an 81.8% rise in adjusted profit, according to LSEG data. Competition in AI inference is intensifying as Intel, AMD, Alphabet, and Amazon advance their own chip strategies and custom processors. Nvidia has sharply increased its supply commitments to […] Read more

Norwegian Krone Gains as Energy Support Strengthens

May 19, 2026 8:28 am
Key Moments The Norwegian krone strengthened as energy market dynamics continued to support the currency. Commerzbank noted that Norway’s energy exposure remains a key driver of NOK resilience. Oil-linked revenues and strong external balance conditions continue to underpin the krone’s outlook. Norwegian Krone Strengthens on Energy Market Support The Norwegian krone held firm as energy-linked […] Read more

USD/CAD Holds Near 1.3760 as Traders Await Canada CPI

May 19, 2026 7:38 am
Key Moments USD/CAD trades firm near the 50% Fibonacci retracement level at 1.3760. Price action remains supported by a broadly stronger US Dollar amid Fed rate expectations. Investors now turn their focus to upcoming Canadian CPI data for fresh direction. USD/CAD Holds Firm Near Key Technical Level USD/CAD continues to trade with a firm tone, […] Read more

XRP and XLM Slide as Bearish Momentum Takes Control

May 19, 2026 6:56 am
Key Moments XRP and XLM continue to trade under pressure as bearish momentum dominates near-term price action. Derivatives data shows rising short positions, with long-to-short ratios falling below 1 for both assets. Weak funding rates and repeated rejection at resistance levels signal fading bullish strength. XRP and XLM Under Pressure as Bears Take Control Ripple […] Read more

NZD Slips as Strong Dollar, Fed Bets Pressure Kiwi

May 19, 2026 6:39 am
Key Moments The NZD/USD pair traded about 0.33% lower near 0.5855 during the Asian session, extending its recent decline. The US Dollar Index (DXY) traded 0.15% higher around 99.10 as markets priced out Federal Reserve rate-cut expectations amid firm oil prices. New Zealand’s Q1 PPI – Input rose 1.4%, beating 0.8% estimates after a 0.5% […] Read more